Bonds issued by governments can be used to fund several initiatives, such as spending on infrastructure and financing projects. Throughout the year, government bonds are repaid with multiple monthly interest charges, and at maturity, they are repaid with the entire amount borrowed.
Government bonds are regarded as one of the safest types of fixed-income investments. The reason for this is that a government can print more money because it controls the currency of the country. As a result, it will never be forced to default or fail to repay the money it has borrowed. Importantly, there are significant variations across different government bonds, depending on factors such as a country's political stability, macroeconomics, or creditworthiness.

Government bonds are a type of debt, issued by the federal government in order to finance various projects for the good of the people.